FX.co ★ Wine and watches: most profitable luxury items 2018
Wine and watches: most profitable luxury items 2018
The first place goes to works of art. According to experts, they are more expensive than others. This trend was seen in 2017 and remained in the I quarter of 2018.
The average cost of works of art in the auction sale grew by 21%.
The second place in the rating of the most profitable luxury goods is held by wine. And this is even despite the fact that its profitability decreased from 11% in 2017 to 9% in the first quarter of 2018.
Watches took the third place. The price for them increased by 5% over the past year and the beginning of this year. For 10 years they added 69% in price.
According to results of the decade, rare cars were recognized as the most profitable investment (+228%), but now their price is decreasing.
According to the end-decade results, coins price strongly increased: 182% compared to 138% for jewelry.
Coins and watches are equally profitable. Their indicators: + 4% over the past year and early 2018.
Colored diamonds maintain the same growth in value. For 10 years they have risen in price by 77%.
Virtually no change is seen in the price of postage stamps: + 1% over the past year and a half.